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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Big data technology can significantly improve the company’s pricing strategy.

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Using Data-Driven Lean Thinking to Optimize Business Processes

Smart Data Collective

A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. How Can You Use Lean Thinking with Big Data?

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The Cloudera Enterprise Data Cloud Maturity Report: Uncovering progressive steps towards a hybrid future

Cloudera

Some organizations have taken this as an opportunity for positive change by moving workloads to the cloud and utilizing enterprise data strategies that are key to their business resiliency. Perhaps it is too soon for those with newer and less mature strategies to see such positive impacts.

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Cloudera Data Science Workbench: where innovation meets security, compliance and scale on the road to industrialized AI

Cloudera

What emerges is the criticality of a data strategy and core data management competency, including both data and model management, to support enterprise ML initiatives. Gartner, Top 10 Data and Analytics Technology Trends That Will Change Your Business , Rita Sallam , Donald Feinberg , Mark Beyer , W.

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Startups Must Take Advantage of Big Data to Gain a Competitive Edge

Smart Data Collective

Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage. The right data strategy can help your startup become profitable.

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Why Big Data Is Essential To Digital Product Sales

Smart Data Collective

According to research from Meticulous Research, big data is going to play a huge part in this. Understanding the Nature of Digital Products and Building a Data Strategy Around Them. They can use many different types of machine learning and predictive analytics technology to get the most of it. Key Takeaways.

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How to Choose the Best Analytics Platform, and Empower Business-Driven Analytics

Grooper

Successfully navigating the 20,000+ analytics and business intelligence solutions on the market requires a special approach. Read on to learn how data literacy, information as a second language, and insight-driven analytics take digital strategy to a new level. Increasing data literacy is the answer. Data quality.